SGHC swings to Q2 profit, raises outlook

Super (SGHC)

04/08/2026 21:25

Overview
Online betting and gaming firm's Q2 revenue rose 18% yr/yr to record $684 mln
Q2 profit was $123 mln, reversing a loss in prior-year period
Company raised FY2026 revenue and adjusted EBITDA guidance above prior outlook

Outlook
Super Group raises FY2026 total revenue guidance to over $2.6 bln
Company lifts FY2026 adjusted EBITDA outlook to more than $710 mln
Company cites strong operational performance and market expansion for improved outlook

Result Drivers
GEOGRAPHIC GROWTH - Co said revenue growth was driven by Africa, Europe and Rest of World regions
FIFA WORLD CUP IMPACT - Co said it maximized commercial boost from the FIFA World Cup
CUSTOMER GROWTH - Monthly active customers rose 13% yr/yr to 6.2 mln

Company press release: ID:nBw4FjG5xa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$684 mln
 
Q2 Net Income
 
$123 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy"
Wall Street's median 12-month price target for SGHC Ltd is $19.00, about 38.8% above its August 3 closing price of $13.69
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 4 - UK's Brightstar Lottery Q2 revenue falls, reaffirms FY outlook
Aug 4 - Domino's Pizza H1 revenue rises on World Cup and new product launches
Aug 4 - Finland's NoHo Partners Q2 revenue rises on entertainment events

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)